Targa Resources Corp
NYSE:TRGP

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Targa Resources Corp
NYSE:TRGP
Watchlist
Price: 204.96 USD 3.83% Market Closed
Market Cap: 44.7B USD
Section:
Relative Value
Relative Value
Valuation Multiples
Multiples Across Competitors
See Also

Relative Value

The Relative Value of one TRGP stock under the Base Case scenario is 199.72 USD. Compared to the current market price of 204.96 USD, Targa Resources Corp is Overvalued by 3%.

Relative Value is the estimated value of a stock based on various valuation multiples like P/E and EV/EBIT ratios. It offers a quick snapshot of a stock's valuation in relation to its peers and historical norms.

TRGP Relative Value
Base Case
199.72 USD
Overvaluation 3%
Relative Value
Price
Worst Case
Base Case
Best Case

Valuation Multiples

2.7
P/S
P/S
Price to Sales
2.7
vs History
1
vs Industry
39
Median 3Y
1.1
Median 5Y
0.8
Industry
1.2
Forward
2
More Details
35.2
P/E
P/E
Price to Earnings
35.2
vs History
20
vs Industry
7
Median 3Y
22.8
Median 5Y
22.5
Industry
10
Forward
25
More Details
12.2
P/OCF
P/OCF
Price to OCF
12.2
vs History
1
vs Industry
10
Median 3Y
6.8
Median 5Y
5.9
Industry
4.9
More Details
35.1
P/FCFE
P/FCFE
Price to FCFE
35.1
vs History
11
vs Industry
6
Median 3Y
12.6
Median 5Y
12.6
Industry
9.9
More Details
17.2
P/B
P/B
Price to Book Value
17.2
vs History
1
vs Industry
2
Median 3Y
7.1
Median 5Y
6.2
Industry
1.2
More Details
3.6
EV/S
EV/S
Enterprise Value to Sales
3.6
vs History
1
vs Industry
37
Median 3Y
1.7
Median 5Y
1.4
Industry
1.7
Forward
2.6
More Details
10.3
EV/GP
EV/GP
Enterprise Value to Gross Profit
10.3
vs History
1
vs Industry
24
Median 3Y
6.6
Median 5Y
5.8
Industry
4.5
More Details
14.1
EV/EBITDA
EV/EBITDA
Enterprise Value to EBITDA
14.1
vs History
1
vs Industry
14
Median 3Y
9.4
Median 5Y
8.3
Industry
5.9
Forward
12
More Details
21.6
EV/EBIT
EV/EBIT
Enterprise Value to EBIT
21.6
vs History
4
vs Industry
11
Median 3Y
15.3
Median 5Y
14
Industry
8.3
Forward
17.4
More Details
16
EV/OCF
EV/OCF
Enterprise Value to OCF
16
vs History
1
vs Industry
11
Median 3Y
10.9
Median 5Y
9.7
Industry
6.4
More Details
85.2
EV/FCFF
EV/FCFF
Enterprise Value to FCFF
85.2
vs History
14
vs Industry
3
Median 3Y
36
Median 5Y
23.1
Industry
10.8
More Details
2.8
EV/IC
EV/IC
Enterprise Value to IC
2.8
vs History
1
vs Industry
17
Median 3Y
1.7
Median 5Y
1.5
Industry
0.9
More Details

Multiples Across Competitors

TRGP Competitors Multiples
Targa Resources Corp Competitors

All Multiples
P/S
P/E
EV/EBITDA
EV/EBIT
Market Cap P/S P/E EV/EBITDA EV/EBIT
US
Targa Resources Corp
NYSE:TRGP
44.6B USD 2.7 35.2 14.1 21.6
CA
Enbridge Inc
TSX:ENB
138B CAD 2.6 27.3 15.4 23.5
US
Williams Companies Inc
NYSE:WMB
74.5B USD 7.1 33.5 17.9 29.8
US
Enterprise Products Partners LP
NYSE:EPD
72.9B USD 1.3 12.5 11 14.8
US
Energy Transfer LP
NYSE:ET
64.6B USD 0.8 14.7 8.7 13.5
US
Kinder Morgan Inc
NYSE:KMI
63.8B USD 4.2 24.6 13.9 21.3
US
ONEOK Inc
NYSE:OKE
59.7B USD 2.7 19.7 14.5 17.8
US
MPLX LP
NYSE:MPLX
54.8B USD 4.6 12.8 11.1 13.8
US
Cheniere Energy Inc
NYSE:LNG
52.3B USD 3.3 16.1 9.9 11.9
CA
TC Energy Corp
TSX:TRP
73.3B CAD 5.3 16 15 22.2
US
Cheniere Energy Partners LP
NYSE:CQP
30.2B USD 3.5 14.7 11.3 13.7
EV/EBIT Multiple
EBIT Growth EV/EBIT to Growth
US
Targa Resources Corp
NYSE:TRGP
Average EV/EBIT: 18.5
21.6
16%
1.4
CA
Enbridge Inc
TSX:ENB
23.5
11%
2.1
US
Williams Companies Inc
NYSE:WMB
29.8
15%
2
US
Enterprise Products Partners LP
NYSE:EPD
14.8
7%
2.1
US
Energy Transfer LP
NYSE:ET
13.5
9%
1.5
US
Kinder Morgan Inc
NYSE:KMI
21.3
13%
1.6
US
ONEOK Inc
NYSE:OKE
17.8
14%
1.3
US
MPLX LP
NYSE:MPLX
13.8
6%
2.3
US
Cheniere Energy Inc
NYSE:LNG
11.9
0%
N/A
CA
TC Energy Corp
TSX:TRP
22.2
16%
1.4
US
Cheniere Energy Partners LP
NYSE:CQP
13.7
-1%
N/A

See Also

Summary
TRGP intrinsic value, competitors valuation, and company profile.
DCF Valuation
TRGP stock valuation using Discount Cash Flow valuation method.
Relative Valuation
TRGP stock valuation using valuation multiples.
Wall Street Estimates
TRGP price targets and financial estimates made by Wall st analysts.
Profitability Analysis
Detailed analysis of the company's profitability.
Solvency Analysis
Analysis of the financial position and solvency of the company.
Financials
Income Statement, Balance Sheet, Cash Flow Statement.
Discount Rate
TRGP stock discount rate: cost of equity and WACC.
Summary
DCF Valuation
Relative Valuation
Wall Street Estimates
Profitability Analysis
Solvency Analysis
Financials
Discount Rate
Discover More
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